$Rush Street Interactive (RSI.US)$ Q3 Net Income USD 3.239 Million Vs. IBES Estimate USD -400.6 Thousand Non-GAAP profit of $0.05 per share was also 505% above analysts’ consensus estimates. Q3 Pretax Profit USD 8.513 Million Vs. IBES Estimate USD -4.3 Million
$Rush Street Interactive (RSI.US)$ Online casino and sports betting company Rush Street Interactive (NYSE:RSI) beat Wall Street’s revenue expectations in Q3 CY2024 Positive Revenue grew 37% YoY to $232.1 million Turned $13.4M loss into $3.2M net income YoY Adjusted EBITDA increased over 5x to $23.4M MAUs grew 28% in US/Canada and 122% in Latin America Cash position improved to $216M from $194M QoQ Announced $50M share repurchase program Raised full-year guidance for both revenue and EBITDA...
Rush Street Interactive's low P/S ratio is due to its poor revenue outlook. Investors foresee limited growth, thus are only willing to pay less for the stock, making a strong share price rise unlikely soon.
This is how you did if you inversed Cramer and followed Pelosi’s trades. There is a good reason Cramer is on TV and it’s not to help the little guy. Pro Cramer Returns: -10.62 Inverse Cramer Returns: 2.84% Congress definitely is not following Cramer, they are following Pelosi. Congress returns: 9.71% Pelosi returns: 25.94% $Roblox (RBLX.US)$$Rush Street Interactive (RSI.US)$$Affirm Holdings (AFRM.US)$
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Rush Street Interactive Stock Forum
Q3 Net Income USD 3.239 Million Vs. IBES Estimate USD -400.6 Thousand
Non-GAAP profit of $0.05 per share was also 505% above analysts’ consensus estimates.
Q3 Pretax Profit USD 8.513 Million Vs. IBES Estimate USD -4.3 Million
Online casino and sports betting company Rush Street Interactive (NYSE:RSI) beat Wall Street’s revenue expectations in Q3 CY2024
Positive
Revenue grew 37% YoY to $232.1 million
Turned $13.4M loss into $3.2M net income YoY
Adjusted EBITDA increased over 5x to $23.4M
MAUs grew 28% in US/Canada and 122% in Latin America
Cash position improved to $216M from $194M QoQ
Announced $50M share repurchase program
Raised full-year guidance for both revenue and EBITDA...
$Snail (SNAL.US)$
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$Super Group (SGHC.US)$
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There is a good reason Cramer is on TV and it’s not to help the little guy.
Pro Cramer Returns: -10.62
Inverse Cramer Returns: 2.84%
Congress definitely is not following Cramer, they are following Pelosi.
Congress returns: 9.71%
Pelosi returns: 25.94%
$Roblox (RBLX.US)$ $Rush Street Interactive (RSI.US)$ $Affirm Holdings (AFRM.US)$
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